Author Archives: Loknath Das

Meet ‘Neon Future’, a Science Fiction Comic that Trades Cyber-Paranoia for Optimism

Forget the dystopian future of science fiction stories, where Skynet endoskeletons stomp on dry human bones or people slumbering in fluid-filled pods serve as living batteries. Electronic music producer and DJ Steve Aoki imagines a future where humans live in harmony with technology, and he’s sharing that vision in a new comic book series called “Neon Future.” Although science fiction ... Read More »

China electric car firm Faraday Future says obtains $225 mn in bridge financing

SHANGHAI: Chinese electric vehicledeveloper Faraday Future said on Tuesday that it had obtained up to $225 million in bridge financing from a U.S. merchant bank to allow it to complete the development of its flagship FF91 model. Faraday, which has ambitions to overtake Tesla Inc, said in November that it was exploring strategic options, including debt and equity financing, amid a legal fight with Evergrande ... Read More »

The 10 Vital Skills You Will Need For The Future Of Work

Since we’re in the midst of the transformative impact of the Fourth Industrial Revolution, the time is now to start preparing for the future of work. Even just five years from now, more than one-third of the skills we believe are essential for today’s workforce will have changed according to the Future of Jobs Report from the World Economic Forum. Fast-paced technological innovations mean that most of us ... Read More »

Walmart’s Latest ‘Lab’ Showcases The Future Of Retail

Global retail giant Walmart has set up an intelligent retail lab in one of its 50,000 square feet store in Levittown, New York. With artificial intelligence-enabled cameras, interactive displays and a massive data center, this store, according to the company, is a sneak peak into the future of retail. Walmart’s Intelligent Retail Lab (IRL) is a portfolio company of Walmart’s tech incubator Store ... Read More »

New Maruti Suzuki Alto 800 – Now in pictures

Maruti Suzuki has updated its entry-level hatchback, the Alto 800, which has been India’s best-selling car for 15 consecutive years. The car now comes with enhanced safety features and a refreshed front-end design. Also, the engine is now BS-VI compliant, nearly a year before the regulation being mandated. Here’s a picture gallery of the updated Alto packing in a lot more than before. ... Read More »

IFC offers $43.3 mn in debt funding to Hero Future Energies

International Finance Corporation plans to provide debt financing of up to $43.3 million (Rs 300 crore) to Hero Future Energies Global Ltd for the construction of a solar power plant. The money will be used to build a 250-megawatt project at Bhadla in Rajasthan, the World Bank’s private-sector investment said in a disclosure. The total project cost is $200 million. ... Read More »

Future Retail raises ₹2,000 crore through issue of warrants to promoter entity

NEW DELHI: Future Retail Tuesday said it has raised nearly₹2,000 crore through issue of warrants to its promoter group entity on a preferential basis. “The committee of directors of the company has inter-alia considered and allotted 3,96,03,960 equity warrants at a price of ₹505 per warrant, each convertible into or exchangeable for one equity share of face value of ₹2 each…to Future Coupons ... Read More »

Iraq’s billion-dollar used car parts paradise

“It’s a money-making machine,” says garage owner Karhi Bakr, 59, about the import of secondhand car parts into the Kurdistan capital of Irbil. Containers full of parts from cars written off after accidents in the West continue to pour into the city, which has become a major hub for the trade. Some of the 200 or so Kurdish traders involved have ... Read More »

2019 BMW Z4 ROAD TEST REVIEW

o every pair of eyes that lustily followed the 2019 BMW Z4 as it drove past (of which there were scores), the attraction was clear, and very present. It’s red, it’s low, and its striking with its aggressive styling and enough lines to make a ruled notebook jealous. They probably don’t care that it shares its new CLAR platform with the new ... Read More »

View: Future of democracy is literally in India’s hands

. “On or about December 1910, human character changed,” the English novelist Virginia Woolf once wrote. It’s no exaggeration to say that human character in India changed equally dramatically between 2014 and 2019 as the number of active smartphones in the country quadrupled from 100 million to 400 million. Woolf, like many of her contemporaries in the early 20th century, was interested ... Read More »